Want China Times, Staff Reporter 2015-07-19
The eight international rail freight routes linking China and Europe together conducted 308 trips last year, up 285% from a year earlier, as the "New Silk Road" runs its course, reports the Shanghai-based China Business News.
The Sino-Europe rail linking Chongqing and Duisburg, March 2013. (Photo/Xinhua) |
The eight international rail freight routes linking China and Europe together conducted 308 trips last year, up 285% from a year earlier, as the "New Silk Road" runs its course, reports the Shanghai-based China Business News.
China's
promotion of the international rail freight routes is chiefly aimed at
developing its central and northwest economy. The only way to effectively boost
these regions is by integrating Central Asia, Central and Eastern Europe, said
Zhou Yun, research fellow at the German Institute of Global and Area Studies
(GIGA).
Hans-Jorg
Schimdt-Trenz, CEO of the Hamburg Chamber of Commerce, welcomed China's
construction of bridges, roads and rails linking its neighbors, saying it will
contribute to the economic development of neighboring countries, benefiting
both China and the world.
The
Sino-Europe rail began from the route linking with China's Chongqing and
Duisburg of Germany in 2011, and now four freight trains make the trip every
week.
The
Chongqing-Europe rail is helping Chinese enterprises export their products to
the European market. In fact, North Rhine-Westphalia, where Duisburg is based,
is the most concentrated area for Chinese investors, having received
investments from more than 800 Chinese enterprises.
The
international rail freight is faster than by sea and costs lower than air
transport, a double bonus for inland countries and areas. When the Sino-Europe
rails began operations, transport volume was low and less frequent. Now most
trains are usually full when they start out from China, and empty when they
return.
Schimdt-Trenz
attributed the imbalanced freight to China's 'world factory' status, which
makes it a largely export-oriented country. China should further expand imports
and adjust its economic structure to achieve a balance, said the report.
Although
rail freight is becoming more popular now, it still cannot replace cargo by
sea, said experts.
Since China
advocated the "Belt and Road" initiative, Germany has been supporting
calls to establish the Silk Road. In general, the German public has a positive
evaluation of the project, said the report.
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